Donlin Gold continues to exceed assay projections Photo Courtesy Donlin Gold The primary objective of the 2020 drill program, the largest such campaign at Donlin Gold since 2008, has been to validate and increase the confidence in recent geologic modeling concepts.
Donlin Gold LLC (“Donlin Gold”), owned 50/50 by Barrick Gold Corpo - ration (“Barrick”) (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURC - ES INC. (“NOVAGOLD”) (TSX, NYSE American: NG), is pleased to announce the third set of assay results from the successful 2020 85-hole, 23,400-me - ter drill program. Assay results for 67 holes have been received to date (representing approx - imately 16,680 meters or 71% of the length drilled), of which 25 holes (rep - resenting 30% of the length drilled) were announced Aug. 6 and Oct. 26: n Assay results continue to demon- strate higher drilled grade-thickness than predicted by previous modelling
n Data collected has resulted in an improved understanding of the con- trols on mineralization n Remaining assay results from the 2020 program are expected in the first quarter of 2021 n Additional confirmation and ex - tension drilling planned for 2021 n No COVID-19 cases and zero Lost Time Injuries on site in 2020 n Ongoing community support, providing timely responses for needs arising from the COVID-19 pandemic Objectives of the 2020 Drill Program and Results to Date The primary objective of the 2020 drill program, the largest such cam-
paign at Donlin Gold since 2008, has been to validate and increase the con- fidence in recent geologic modeling concepts. Results to date, in both the ACMA and Lewis deposit areas, continue to exceed modeled grade-thickness, with higher grades observed over narrower intervals, particularly in sedimentary rocks. Final assay results for the 2020 drill program are expected to be re - ported in the first quarter of 2021. Additional confirmation and ex - tension drilling are planned in 2021 focusing on mineralization continui- ty, structural control, resource model upgrades, and geotechnical data col- lection. The program specifics will be
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The Alaska Miner
Winter 2021
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